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Search Results 0 to 11 of about 12 (some duplicates have been removed)
double its u.s. workforce this holiday season, adding 45,000 temporary workers. the toy seller has already announced plans for 600 temporary toys 'r us express shops. the associated press is reporting the f.b.i. and the labor department are investigating the former head of the service employees international union for possible corruption. at issue: andy stern's approval of a california union leader's salary. stern resigned from the union abruptly in april. >> tom: still ahead, tonight's word on the street is "frontier." find out why that could be the place for global investors with an appetite for risk. >> susie: $1,300 and then some-- that's where gold prices closed today. gold rallied for the fifth straight day to a new high of $1,308. the precious metal is up 32% in the past year as investors seek safety. long-time metals traders like m.f. global's kevin grady think the buying binge will continue. >> well, i think we definitely hit $1,400 by christmas and possibly $1,500. i think, you know, what you need to look at is, who is going to step up and sell it? the bottom line is that
reading. >> i am james. >> yes. >> to everyone making a difference, you help us all live better. >> nationwide insurance proudly supports tavis smiley. tavis and nationwide insurance, working to improve financial literacy and the economic empowerment that comes with it. >> ♪ nationwide is on your side ♪ >> and by contributions to your pbs station from viewers like you. thank you. [captioning made possible by kcet public television] captioned by the national captioning institute --www.ncicap.org-- >> we are pbs. >> susie: it's time to get aggressive about fixing the economy. so says this voting member of the federal reserve. >> we want to get back to full employment. if we're going to do that, we need more aggressive monetary or fiscal policy, if we're going to be able to get to full employment over a reasonable period of time. >> tom: it's our exclusive interview with eric rosengren, president of the federal reserve bank of boston. you're watching "nightly business report" for wednesday, september 29. this is "nightly business report" with susie gharib and tom hudson. "night
indicate that it's going to take us quite a while before we get to full employment. >> susie: so if the economy grows 3.5% or more, as you're projecting, but the unemployment rate stays high, would you think that the fed has done its job? >> right now we're missing on both of our objectives. the inflation rate is too low and the unemployment rate is too high. so directionally i think it fairly clear which direction we should be moving. how much we should do and exact timing, that's a difficult question that requires a consensus, and that's why we have these meetings every six weeks. but it's clear right now that we're not where we want to be and we need to take some action to get there. >> susie: you can read the transcript of my entire interview with eric rosengren on our website. you'll find it on n.b.r. on pbs.org. >> tom: here are the stories in tonight's n.b.r. newswheel: stocks slipped. the dow fell 22 points, the nasdaq and the s&p 500 were both off about three points. trading volume was down a little on the big board from yesterday, but still over one billion shares. on t
Search Results 0 to 11 of about 12 (some duplicates have been removed)